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Air Purification Unit Net Sales Six Months Ended June 30, 2021 = $1,591,210
$VYST
Revenues
"Revenues for the three months ended June 30, 2021 and 2020 were $6,216,004 and $2,388,906, respectively, for an increase of $3,827,098 or 160%. The increase in revenues was due to the high impact closing to remodel sale at Rotmans and an increase in sales of the RxAir units. The Rotmans showroom was closed the first two weeks in June 2021 to remodel. Last year’s revenues were impacted by the COVID-19 pandemic and the showroom closing on March 24, 2020. The store processed limited customer deliveries for prior orders and internet sales during the closing through re-opening on June 10, 2020.
The Company reported a significant increase in gross profit to $3,648,929 for the three-month period ended June 30, 2021 compared to gross profit of $1,398,502 for the three-month period ended June 30, 2020, an increase of $2,250,427 or 161%. The increase in gross profit was primarily due to a change in purchasing which started when the store reopened in June 2020 and the reduction of special offers. Merchandise is being purchased in large quantities from fewer vendors. This quarter results also include the margins of RxAir units.
The cost of revenue for the three months ended June 30, 2021 and 2020 was $2,567,075 and $990,404, respectively, an increase of 159%."
Punchline: revenue is way up, but so are operating expenses.
$VYST
Waiting on Current status and updates to hit!
https://www.otcmarkets.com/stock/IFXY/disclosure
$IFXY
Indeed, adding and holding
I'm long, but "Delinquent SEC Reporting" is unacceptable.
$VYST
Added more today, nice $IFXY
7 mil bid $IFXY
Yes, this site is important which prior management did not respect. So so so great to see what new management is doing. Very proactive.
https://www.otcmarkets.com/stock/IFXY/profile
$IFXY
OTCQB cert posted https://backend.otcmarkets.com/otcapi/company/financial-report/295354/content
$VYST
Breakout over 50 day moving average
Lets go! $VYST
* I HAVEN'T sold, was the message. Forgive the typo!
I'm one and have sold so yeah, what's up!
Absolutely beautiful progression and setup
$IFXY
VYST is growth but I heard A*PL is pretty neat too if you're interested. Best board ever LOL
Talk about it! Let's go!!
Volume...and only 20mil. +++
Yup! We will still hear the SAME complaints about the SAME old SAME old here no matter where the PPS is....so let's get some positive volume and silence the boobirds. Waaaaa, I wanna be adopted by Steve, wanna. Get a grip on your own buy/sell decisions. We had a pop today, those who cry CAN sell and those who are long can enjoy the ride.
Jmo and good luck to all longs
$VYST
Like that 1 mil at EOD. Splash the pot
12x average volume. I got 0.01s too and added to my bag.
0 sells here
$VYST
12mil shares traded. Some seems to hate this company? Keep RX AIR? "BOOOO". Spin off? "BOOO"
Some can never be pleased
glta shareholders of record
About triple our daily average volume. Market loves the news. Let's go.
$VYST
Great assessment!!
Signed,
A shareholder of record
$VYST
Update the intro. It's ancient and n/a.
We are all on the same page now. New management crushing it. Very proactive. Great to see!!!
$IFXY
Nice!!!!!
Same here. I think they have fabulous products and it's all about application. I'm long here but anxiously awaiting the EMA case to wrap up and the next set of filings. Everything else is repetitive noise here.
Good luck to you!
$VYST
"The conference is adjourned to Tuesday, August 3, 2021, at 11:00 a.m. Discovery Hearing set for 8/3/2021 at 11:00 AM before Magistrate Judge Gabriel W. Gorenstein. (Signed by Magistrate Judge Gabriel W. Gorenstein on 7/21/2021)"
That attorney letter should be released soon. LOVE how active new management has been here!
$IFXY
I was here for years, never sold, and super pleased with what new management is doing. They are working to make IFXY WORK.
LET'S GO!
$IFXY
Another today.... $IFXY set to run hard next week imo
2021 annual report filed for $IFXY. Requested letter from attorney.
— Krisa Management LLC (@KrisaManagement) July 30, 2021
Extremely good assessment and I agree! Big things coming here under new leadership! Great to see.
$IFXY
13.2 mil bid at 0.0045, daily volume 170 million
$IFXY
Runner in the making
Let's. Go.
I love the progress!
Yeah